Can the US afford to cut Canada off? 75% aluminium and $100b energy tell the story
The US aluminium industry’s dependence on Canada extends far beyond primary aluminium imports. While Canada supplies around 75 per cent of US imported primary aluminium, covering roughly 60 per cent of the country’s annual aluminium usage, it is also a major supplier of crude oil, natural gas and...
Aluminium scrap gets a new life as Voya Energy unveils 2 MW power system
Voya Energy has unveiled an aluminium-based power system that converts low-grade aluminium scrap into electricity through a low-temperature electrochemical process, offering a potential new route for aluminium recycling, energy storage and off-grid power generation. The Hayward, California-based...
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Altech Chemicals proposes renaming the company to Altech Batteries Limited
An international battery technology company, Altech Chemicals, holding a joint venture agreement with Fraunhofer IKTS, which manufactures the revolutionary CERENERGY® Sodium Alumina Solid State (SAS) Battery, has announced that, following a Board of Directors meeting, the Board has decided to...
New Zealand’s investment firm Forsyth Barr predicts: Tiwai Point aluminium smelter to remain active till 2039
New Zealand-based Forsyth Barr, a firm specialising in innovative financial services and investment solutions, has claimed that the Tiwai Point aluminium smelter is scheduled to remain open till 2039 but will require more expenditure for power deals. Tiwai Point aluminium smelter is primarily owned...
Phinergy’s union with Tata creates first aluminium-air battery run Tata Tiago EV prototype
Israel-based Phinergy is the leading innovator in developing metal-air technology that amalgamates oxygen from the air with metals to yield electricity. The brand is scheduled to produce its first aluminium-air battery-run Tata Tiago electric car in collaboration with one of India's largest...
Alba announces the financial closure of its Power Station 5 Block 4 project
Aluminium Bahrain, one of the world's largest aluminium smelters ex-China, reached the financial close on its Power Station 5 Block 4 project. The virtual signing ceremony with Sinosure was held on Monday, November 14. The $225 million facility is supported by the China Export and Credit Insurance...
The European aluminium market might counter a downcast at the start of 2023
The entire European aluminium market is currently streaming through a disquiet following a moreover better H1 2022. During the first quarter of 2023, the manufacturing industry is expected to counter a very gloomy prospect. While delivering their ambitious purchasing strategies earlier in 2022,...
Novelis’ net income from operations fall 23% for 2QFY23 despite growing net sales, higher input costs being liable
Novelis Inc., the world’s leading recycler and aluminium flat rolled producer announced its second-quarter results for the financial year 2023 on Tuesday, November 8. The company declared its net income attributable to common shareholders decreased by 23 per cent year-on-year to $183 million. Net...
Century Aluminum’s net sales losses 25.6% sequentially for Q3 on lower shipments, but net income grows by $6.9 million
On Monday, November 7, Century Aluminum Company, a US-based primary aluminium producer, announced its third quarter results ended September 30, 2022, whereby it declared its net income growing $6.9 million sequentially to $44.3 million. In Q2, the company yielded a net income of $37.4 million....
Hydro signs strategic collaboration agreement with NTNU to strengthen R&D on aluminium value chain sustainability
According to a report last week, Hydro signed a new strategic collaboration agreement with the Norwegian University of Science and Technology (NTNU) to build up professional collaborations to practise more R&D on aluminium and energy. The agreement was signed by Hydro’s President& CEO Hilde Merete...
GMG to develop stable aluminium ion batteries storing solar energy for future use
Graphene Manufacturing Group from Brisbane was found advocating for its zero-carbon graphene aluminium ion battery that is supposedly 70 times swifter than a lithium-ion battery and can be plugged in and used innumerable times. The company claims this flagship product can alter the course of the...
BALCO conducts successful pilot trial of biodiesel application in its aluminium smelter
The renowned Indian aluminium manufacturer Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium, has successfully executed test runs for biodiesel in smelting operations. In the pilot test, the company preheated ladles or vehicles that transport hot metal (aluminium) in its...
Dutch aluminium maker Aldel files for bankruptcy due to soaring energy prices
The Dutch aluminium producer Delfzijl Aluminum commonly known as Aldel, filed for bankruptcy with the court on Thursday, October 27. The news was confirmed by Eric Wildschut, director of finance. High energy costs are the primary reason for the financial issues, resulting from which they had...
Altech appoints German service provider Leadec as lead engineer for its CERENERGY project
Altech Chemicals Limited has chosen leading German company Leadec Automation & Engineering GmbH (Leadec) as the primary engineer to conduct the Definitive Feasibility Study for its CERENERGY(R) 100MWh Sodium Alumina Solid State Battery project enabling grid energy storage. The project is presently...
Hydro chief executive urges for sanctions on Russian aluminium in EU, US
On October 24, 2022, Hilde Merete Aasheim, the President and CEO of the Norwegian aluminium producer Norsk Hydro called on the United States and the European Union to halt importing Russian aluminium onto their territories. According to the Hydro chief, around half of Europe's primary aluminium...
China’s primary aluminium output in Sept. 2022 grows 9% YoY but falls 2.5% MoM due to fresh power restrictions in Yunnan
According to the National Bureau of Statistics, China’s primary aluminium production rose 9.3 per cent year-on-year in September 2022 to stand at 3.42 million tonnes, as smelters in a few major regions ramped up output after the ease of power restrictions. Last year, China saw a drop in aluminium...
ALRO S.A. accepts Emergency Ordinance to compensate indirect emission costs aligned with energy prices
Alro S.A. has decided to abide by the Emergency Ordinance (EO) to compensate for the indirect emission costs embedded in the electricity price. The Romanian vertically integrated aluminium producer is keen on implementing the EO to compete with its fellow European counterparts. This support scheme...
Gas crisis in Europe impacts non-ferrous recyclers, primarily aluminium
The gas supply restriction by Russia has propelled the energy prices to surge, resulting in the aluminium smelters slashing production, which are big customers for secondary non-ferrous metals. The European metal sector is countering a massive challenge following the Ukraine-Russia geopolitical...
Downstream weekly recap: Novelis breaks ground on its new aluminium rolling and recycling plant worth $2.5 billion; Solar energy bolsters sustainability and environmental programs at 3D Aluminium
The importance and need for aluminium have only grown in the last decades. According to reports, Novelis Inc., the largest recycler in the world and the top manufacturer of flat-rolled aluminium products, has broken ground and begun building its recycling and rolling factory in Bay Minette,...
Romanian aluminium producer Alro to construct a natural gas fired power plant along with Complexul Energetic Oltenia in Işalnița
According to the Romanian aluminium producer, Alro SA, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, the company was declared a "selected investor" following a public tender organized by Complexul Energetic Oltenia (CEO) to build a natural...
